Updated Oct 12, 2026
Nationwide Tree Services Acquires 3.5-Acre Industrial Property In Glen Burnie For $1.25M
7930 Solley Road Glen Burnie, MD 21060, USA
$1,250,000
Building Size
—
Asset Type
Industrial
Closing
Aug 24, 2023
About this deal
AI
Nationwide Tree Services has acquired a 3.5-acre industrial property located at 7930 Solley Road in Glen Burnie, MD for $1,250,000. The property, with heavy industrial zoning, will be utilized by Nationwide Tree Services as a storage facility and equipment yard.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $1,250,000
- Address: 7930 Solley Road, Glen Burnie, MD
- Market: Glen Burnie, MD
- Acres: 3.5
- Buyer: Nationwide Tree Services - John Ogonowski
- Broker: Jim Chivers - Gold & Company
Jim Chivers from Gold & Company acted as the broker in this transaction, facilitating the sale between Nationwide Tree Services and the seller. The acquisition of this industrial property will provide Nationwide Tree Services with the necessary space for their storage and equipment needs.
On the Map
$1,250,000
Industrial
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Players
Solley Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93